Solana, a layer-1 chain, has emerged as a top cryptocurrency in the last couple of years, thanks to its phenomenal rally from $14 to $294. This rally was possible only because of a strong memecoin supercycle in late 2023 and 2024.
Since almost all of the revenue from Solana’s blockchain comes from memecoin fees, the end of the memecoin supercycle has cast doubt on Solana’s future.
In this article, we will explore the fate of Solana in terms of fundamental analysis and price analysis. At the end of the article, we will take a look at what experts think will be the price of Solana in the near and long-term future.
Fundamental Analysis
Fundamentally, Solana has one of the most robust blockchains with a high transaction processing capacity of 65,000 transactions per second. Out of that, the blockchain currently utilizes a capacity of roughly 4,000 transactions per second, which means it can scale by a factor of 16 before needing any major upgrade.
Previously, Solana got stress-tested during the TRUMP token launch. The blockchain performed well till 232,000 transactions per second.
Further, Solana has also been tested well for RWA applications (BlackRock’s BUIDL), DePIN (Jambo Phone), and many other use cases.
Technical Analysis
Solana’s price has seen a wild growth from late 2023 to early 2025, rising from $14 to $294. However, since January 2025, its price has seen a crash from its ATH ($294) to $100 till 7 April 2025.
Since that day, Solana has been in a recovery mode and has climbed 50% from April lows.
Over the last two years, Solana has nearly formed a highly bullish Cup and Handle pattern. The pattern is expected to finish by Jul 2025, and when it does, it is expected to take Solana take SOL up by $2500. Based on these expectations, SOL is expected to reach $3000 within the next few months.
Sentimental Analysis
Solana experienced one of the top sentiments in the crypto markets during the crypto winter (October 2023 to December 2024).
However, from December 2024 to April 2025, we have experienced a steep fall in sentiments for Solana.
Since April 2025, Solana has experienced a gradual recovery, reaching a neutral score in the fear and greed index.
We expect a further recovery in SOL to the “greed” level in the next few weeks.
Expert Price Prediction
2025
- VanEck expects a price tag of $520 per SOL by the end of 2025.
- Dhirendra Das expects a price of $294 per SOL in Q3 of 2025.
2026
The year 2026 is expected to witness a resurgence in Altcoin Season, which is why we expect SOL to get in the range of $500 to $800 by the end of the year.
2030
In the long term, Solana’s future depends on whether it will be able to turn around its image from a meme-chain to a highly scalable, general-purpose chain. The technical work for this has already been done, but there is a dire need for a change in public perception.
Currently, Solana has around 1300 validators and processes roughly 4,000 transactions per second. It has the ability to process roughly 65,000 transactions in second.
If the project is able to make a turnaround, we expect a maximum target of $4,000 per SOL by the end of this decade.
2040
Assuming an optimistic adoption rate, Solana could make itself a go-to blockchain for high-speed transactions with a relatively fair security system in place.
If this rate of adoption takes place, we might see Solana reach $5000 to $7500 levels by the end of the next decade.
